Founders embrace the MVP for their initial product but often abandon this lean approach for subsequent features, treating each new development as a major project requiring perfection. Maintaining high velocity requires applying an iterative, MVP-level approach to every single feature and launch, not just the first one.
Founders often get stuck endlessly perfecting a product, believing it must be flawless before launch. This is a fallacy, as "perfection" is subjective. The correct approach is to launch early and iterate based on real market feedback, as there is no perfect time to start.
The founders resolve the tension between speed and quality by being "obsessive." They move fast by iterating constantly, but also relentlessly go back and refine existing work. Speed is about the pace of iteration and a commitment to delight, not about shipping once and moving on.
True agility isn't just about sprints; it's psychological. By breaking massive projects into minimal viable products (MVPs) or small features, the team creates a steady stream of "quick wins." This builds a sense of progress and happiness—a "dopamine type of reward"—that keeps the wheel of innovation turning and prevents teams from getting bogged down.
To get to your first sale a day, prioritize speed over perfection by launching a Minimum Viable Product (MVP) line of 6-12 items. The goal isn't immediate profitability, but to get real products into the market quickly. This allows for rapid learning and feedback, preventing the common failure of launching a 'perfect' collection to no audience.
To cut through MVP debates, apply a simple test: What is the problem? What is its cause? What solution addresses it? If you can remove a feature component and the core problem is still solved, it is not part of the MVP. If not, it is essential.
While moats like network effects and brand develop over time, the only sustainable advantage an early-stage startup has is its iteration speed. The ability to quickly cycle through ideas, build MVPs, and gather feedback is the fundamental driver of success before achieving scale.
Releasing a minimum viable product isn't about cutting corners; it's a strategic choice. It validates the core idea, generates immediate revenue, and captures invaluable customer feedback, which is crucial for building a better second version.